442 Prospect StChicopeeMA01020
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Chicopee at 442 Prospect St, Chicopee, MA, 01020 listed at $359,900 pairs $2,585/mo rent with a $1,762/mo payment to leave $316/mo cash flow. Total monthly income runs $2,585/mo, and annual cash flow reaches $3,794/yr on $119,307 cash to close. Return on cash invested measures 23.09% in year one, and rental yield registers 8.62% at a $359,900 basis. Equity gained on principal adds $2,322/yr, and annual property appreciation at 5% supports $99,434 by year five. Five-year ROI tracks 120.07% and total cumulative return in cash totals $143,246. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,585/mo property income relative to a $1,762/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1955
10,313 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01020, Chicopee, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,063 (100%) |
| Owner Occupied HU | 8,557 (60.8%) |
| Renter Occupied HU | 4,754 (33.8%) |
| Vacant Housing Units | 752 ( 5.3%) |
| Median Home Value | $300,686 |
| Average Home Value | $369,267 |
Housing Distribution
Address Breakdown
Residential
13,461
Single Family
11,000
Multi-Family
2,461
Businesses
743
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Listed by: Tanya Vital Basile • Executive Real Estate, Inc.
Mls Name: MLS PIN
Mls ID: #73436889